Below are two graphs that look like they may have something in common. The first is from Whisperer's blog. We have posted it a few times here, and it shows how a mania unfolds in a graph.
I admit I have had trouble identifying where we were on the slope, but things may be a bit clearer now.
The second is the SFH average price for Vancouver. You judge.
Commodities poised to rally?
6 hours ago